Shaktikanta Das. File
| Photo Credit: PTI
Reserve Bank Governor Shaktikanta Das on January 11 stated the Central financial institution will not emulate others on crypto forex regulations and asserted that “what is good for another market need not be good for us”.
His remarks come towards the backdrop of the U.S. Securities and Exchange Commission approving modifications to permit the creation of bitcoin exchange-traded funds within the U.S.
“What is good for another market need not be good for us. Therefore our views — both that of the Reserve Bank and personally that of mine — remain the same,” Mr. Das stated on crypto forex regulations. He was talking at a BFSI summit organised by the publication Mint.
To a query whether or not he sees the forthcoming vote-on-account to be inflationary, he stated going by the previous information of the current authorities, he feels that the interim Budget will not result in inflationary pressures.
The governor pointed to the numerous provide facet measures that the federal government has taken to include worth rise for the reason that starting of the Russia-Ukraine war.